Overview

• The basic State Pension has risen from £169.50 to £176.45 per week, providing an annual increase of £360 for full-rate recipients.
• The new State Pension now pays £230.25 per week, up from £221.20, translating to an additional £470 annually for those receiving the full rate.
• Pension Credit's standard minimum guarantee increased by 4.1%, raising weekly income to £227.10 for singles and £364.60 for couples.
• May 2025 marks the first full month where pensioners receive payments at the newly increased rates introduced in April.
• The state pension age will begin rising incrementally from 66 to 67 starting April 2026, with a further increase to 68 scheduled between 2044 and 2046.